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MATCHING: -A Resulting Trust in Which Property Is Purchased and Paid

Question 14

Multiple Choice

MATCHING:
-A resulting trust in which property is purchased and paid for by one person, at whose direction the seller transfers possession and title to another person


A) active trust
B) inter vivos trust
C) purchase-money resulting trust
D) failed trust
E) excessive endowment trust
F) spendthrift trust
G) sprinkling trust
H) Totten trust
I) declaration of trust
J) irrevocable living trust

Correct Answer:

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